


Core Viewpoint - Zhenlei Technology (688270.SH) announced that its chairman, Yu Faxin, is currently under investigation by the Huangshi Municipal Supervisory Committee, but the company's control has not changed and normal operations will continue [1] Group 1: Company Governance and Management - The company has a robust governance structure and internal control mechanisms in place, ensuring that daily operations are managed by senior management during the chairman's absence [1] - Zhang Bing, a board member, will temporarily assume the chairman's responsibilities while Yu Faxin is unable to perform his duties [1] Group 2: Financial Performance - In the first half of 2025, Zhenlei Technology achieved a revenue of 205 million yuan, representing a year-on-year increase of 73.64% [2][3] - The net profit attributable to shareholders reached approximately 62.32 million yuan, marking a significant year-on-year growth of 1006.99% [2][3] - The net profit after deducting non-recurring gains and losses was approximately 52.89 million yuan, a recovery from a loss of 605,600 yuan in the same period last year [2][3] - The net cash flow from operating activities was approximately 10.21 million yuan, compared to a negative cash flow of 4.31 million yuan in the previous year [3] Group 3: Historical Financial Data - Over the past five years, Zhenlei Technology's revenue has shown consistent growth, with figures of 152.1 million yuan, 190.6 million yuan, 242.6 million yuan, 280.8 million yuan, and 303.4 million yuan respectively [3] - The net profit attributable to shareholders over the same period has varied, with figures of 76.94 million yuan, 98.84 million yuan, 107.7 million yuan, 72.48 million yuan, and 17.85 million yuan [3] Group 4: Initial Public Offering (IPO) Details - Zhenlei Technology was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on January 27, 2022, with an issue price of 61.88 yuan per share and a total issuance of 27.31 million shares [4] - The total funds raised from the IPO amounted to 1.69 billion yuan, with a net amount of 1.54 billion yuan after deducting issuance costs [4] Group 5: Stock Dividend and Bonus Issues - On May 26, 2023, the company announced a stock bonus plan of 4 additional shares for every 10 shares held, along with a pre-tax dividend of 3 yuan [5] - A similar plan was announced on May 9, 2024, proposing 4 additional shares for every 10 shares held and a pre-tax dividend of 1.7 yuan [6]